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2801 Arctic Avenue

Atlantic City, NJ 08401
  • $499,000
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 2601250R
$499,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,220
    SQFT
  • $155
    $/SQFT
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Description

Prime location near famous casinos and the boardwalk, featuring a restaurant, employee apartments, and untapped potential - a Triple-Level Gem! This is a fantastic opportunity for first-time homebuyers to live on the third floor and rent out the other two levels to potentially cover the mortgage, or for investors seeking strong rental income. The ground floor houses a well-established restaurant operating for over six years, adding great value. The second floor is now vacant and offers 3 spacious bedrooms and a full bath - ideal for rental or personal use. The third floor is also vacant, boasting 2 commodious bedrooms, generous living space, and a full bath. Property is being sold strictly in "as-is" condition. Don't miss this income-generating opportunity in a high-demand area!

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Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2025-11-12T00:02:54.013.
www.baerhomes.com/homes/166160997
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2801 Arctic Avenue Atlantic City, NJ 08401

  • Price: $499,000
  • Status: Active
  • On Site: 112 Days
  • MLS #: 2601250R
0
Beds
0
Baths
0
½ Baths
0.03
Acres
3,220
SQFT
$155
$/SQFT
1965
Built
County:
Atlantic
Area:
Atlantic City
Property Description
Prime location near famous casinos and the boardwalk, featuring a restaurant, employee apartments, and untapped potential - a Triple-Level Gem! This is a fantastic opportunity for first-time homebuyers to live on the third floor and rent out the other two levels to potentially cover the mortgage, or for investors seeking strong rental income. The ground floor houses a well-established restaurant operating for over six years, adding great value. The second floor is now vacant and offers 3 spacious bedrooms and a full bath - ideal for rental or personal use. The third floor is also vacant, boasting 2 commodious bedrooms, generous living space, and a full bath. Property is being sold strictly in "as-is" condition. Don't miss this income-generating opportunity in a high-demand area!
Exterior Features

Carport Spaces 0 Exterior Features CurbsSidewalk Lot Features Corner LotLevel Parking Features See RemarksOn Street Roof See RemarksFlat

Interior Features

Appliances Water Heater(See RemarksGas)Water Heater Cooling Ceiling Fan(s)A/C Wall Unit(s)A/C Window Unit(s) Heating Baseboard ElectricBaseboardRadiant Interior Features Unit 1(KitchenSee Remarks)Unit 2(3 BedroomsKitchen1 BathSee Remarks)Unit 3(2 BedroomsKitchen1 Bath) Stories Total 3

Property Features

Carport YN No Community Features CurbsSidewalks Garage YN No Heating YN Yes Owner Pays Unit 1 Owner Pays(See Remarks)Unit 2 Owner Pays(See Remarks)Unit 3 Owner Pays(ElectricSee RemarksWaterGas) Ownership Fee Simple Property Sub Type 2 Family Sewer Sewer Charge Tax Annual Amount 7112 Tax Year 2024 Utilities Electricity ConnectedSee Remarks Water Source Public



Central Jersey MLS logo Listing courtesy of COLDWELL BANKER REALTY: .
Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC.. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.




Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2025-11-12T00:02:54.013.
 
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